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Idea
Development
This service is about creating business
building ideas. With your BrandPoint in mind, business
building ideas flow.
We help build your business with actual ideas, not fluffy generic ideas, like "let's grab the
low hanging fruit," but real solid, put-down-on-paper ideas; new products or services, business development ideas, strategic
alliances, acquisitions, web ideas, marketing ideas, etc.
As creative business people, we
pride ourselves on on the ability to move from strategies to
ideas. We think this connection is critically important; so it's inherent
in our business mission. How often do you
get strategies from one consultant and ship them off to an agency
to develop ideas from only to end up with significant disconnects,
whole new strategies, or off-base ideas.
We have a great deal of
experience developing new products. We have developed many
new products and whole business concepts that are on the market
today, including Tostitos Scoops, Tostitos Santa Fe
Gold, the
New Red Lobster Restaurants, and Desert Pizzas for Pizza Hut and
Frito-Lay Snack Kits.
We have also created new concept
products and services for PepsiCo,
RazorCold, GreenFlag, Grey Worldwide,
Park City Mountain Resorts, Mitsubishi,
Franklin Covey, Fazoli's, Malt-o-Meal and ClearPlay
all of which are still confidential.
One of our New Product
efforts was with 1rock Foods. We created a line of 12
toppings and 4 bases, that could be mixed and matched to
create extremely convenient fusion cuisine. The
development included: determining the strategic platform,
researching the customer needs, developing the basic
concept and BrandPoint, creating the product recipes,
designing the packaging, inventing the production methods,
and developing the manufacturing, sales and distribution
systems. This effort culminated in a MARC Assessor simulated
test market that forecast the annual sales of the product
line at $750 million.
Our New Product Development effort is
generally a two-phase process.
In Phase 1 we start with your BrandPoint
and start by thinking of the Product as a TouchPoint of the
Brand. From that paradigm ideas start to flow. We
stimulate that flow though various means including the SagePoint
Creative Pool. We develop ideas and more ideas. Lots
and lots of ideas.
Ideas are born, but like a young child, they need nurturing
and patience to develop those ideas into something powerful.
So Phase 2 is the process of refining a rough idea into one that
is ready to rollout. We use the metaphor of an idea being like a square when it
is born. It has rough,
pointy edges that keep it from being ready for rollout.
Squares don’t roll!
To get the product
developed to the stage where it can be rolled out you need to file
the rough edges of the square down until you have a nice round
circle. You need to develop elegant solutions for all
elements of the product to make it market worthy.
Circles roll!
The four
corners of new product development are:
1. Branding
and Market Appeal
2. Product
Form and Technology
3.
Distribution
and Sales
4. Manufacturing
and Packaging
We develop the
concept in each of these areas to produce a New
Product concept that is feasible, sellable, and executable.
The final delivery
of this effort is a full-bodied new product concept; complete with
name, look, positioning, packaging, sales system, distribution
system, technologies to support it, product form, volumetric
forecasting and a manufacturing strategy.
We enable
you to sell this concept to Senior Management, Partners, or
VC's. Most importantly we build your business.
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Examples of new product
work:
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Tostitos Scoops
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Tostitos Santa Fe Gold
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Tostitos Bite Size
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Ysource
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ClearPlay DVD Player
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Tropicana FruitWise
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Malt-o-Meal
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